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20121205
20121213
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Search Results 0 to 25 of about 26 (some duplicates have been removed)
and senator harry reid made some comments this afternoon that put a damper on that real. we've lost about 30 points. in that time. up 74 on the dow at 13,244. the nasdaq is doing well today, up 32 points. more than a 1% gain, although it is off its highs of the day at 3019, and the s&p 500 index is 8 plus points at 1426. the word on the street is because of the fiscal cliff, some investors are actually selling the winners, the winning stocks, and they are holding on to the poor performers, the opposite what have they have been doing the last few years. maria? >> makes a lot of sense given the fact that tax les go higher on capital gains. you want to get out of some of those names. let's find out how you should be investing 20 days away from the deadline. in today's "closing bell" exchange, carol roth with us, rich peterson from is & p, jonathan corpina from meridian equity partners and our own rick santelli. good to see you all. jonathan, we'll kick this off with you. what's the right strategy going into these negotiations and going into year end? >> running out of time at this point, and as
game. gerri: it is. harry reid today saying that the game is at chess game, and the republicans are the jets. here is harry reid. >> he has a problem. he has three quarterbacks. he cannot decide who the quarterback is going to be. that is the sam problem republicans are having. romney is gone, but he is still in the background. we hve mcconnell and boehner. who is the quarterback, mr. presiden gerri: what do you make of that analogy? >> well, that is a football analogy. we'll do that from time to time, but the reality is the speaker of the house is the speaker. the house is the majority republican, and if he is going to advance that ay, that is probably in order. senator mcconnell is involved, i'm sure talking with boehner about these issues. he always has been, but you have to have the spokesman, somebody to talk to. the president is absent up here, and i hope he will come to the table. i hope we can avoid it, but a lot of it is going to ultimately be on the president's watch. gerri: i have to tell you, there are other people mia. most of the house is gone on vacation. the sena
on this completely. lou: agree to raise taxes. >> now. his thing. mitch mcconnell tried to get the senate, harry reid to vote on the president's plan and harry reid said no. democrats are calling it a stunt. this is the president's plan we can raise taxes on rich and you don't have to cut spending and you can do all the things that he wants to do, and they on't want that to come to a vote. there might be something there. i'm thinking that might maybe make him on it and let the chips fall where they make. elections have consequences. at that right nw. lou: i think we all agree about consequences. certainly. your thoughts on this? does it look to you right now like we are goingto avoid this fiscal cliff? the president, but the brilant idea? it's interesting how he does this. he initiates an ultimat and the goes passive aggressive on everyone and withdraws from the field. it's really a bizarre and intriguing strategy which obviously has completely confounded republican leaders. >> yes, and the polls show that the american people are proud and -- probably going to blend republicans now matter what happen
. harry reidy thidthld boxer - - >> yeah harry reid boxed him into this. it's hysterical. >> stephanie: what is the boxing thing -- >> rope a dope. >> stephanie: yes, exactly. where is my story on this -- talk amongst yourselves. >> oh, okay. >> stephanie: he thought he was being so smart. i'm moving slowly -- >> look out, here it comes. >> do you need me to print it? >> stephanie: no i got it. >> oh no. what am i going to do now. >> stephanie: it was further down in the stack than i had anticipated. [♪ "world news tonight" theme ♪] >> stephanie: yes, he filibustered his own bill to lift the debt ceiling. instead they called his bluff and he ended up filibustering his own bill. ♪ you are an idiot ♪ >> stephanie: the legislation would permit the president to unilaterally lift the debt ceiling, and never before in our history has someone taken the debt ceiling hostage as something to negotiate over. >> right. >> stephanie: mcconnell brought up the legislation, harry reid objected, and then reid ran it by his members and in the afternoon agrees to hold the same
fears of the u.n. that are devoid of any fact whatsoever. so one could understand harry reid's frustration in trying to negotiate with republicans when he vented, and i quote, it's difficult to engage in rational negotiation when one side holds well-known facts and proven truths in such low esteem. senator reid is spot on or more on what it means for the disabilities community i'm met with the ceo how shocked are you that it could not be ratified by the united states senate. >> when it comes down to it, i was floored. there is no reason in this day and age when a treaty that is focused on a quality for people with disabilities abroad can't pass the u.s. senate. it was really ridiculous and ultimately a sad day for america that we couldn't get it through. this treaty would have allowed the united states to really export things that we just hold dear you know, some of our fundamental values about equality freedom and true human dignity. when americans are traveling abroad whether it's to study to work, or as part of a family contingent going to one of our bases overseas, they w
? >>> in a letter to senate majority leader harry reid, 18 democratic senators are requesting a sweetheart deal to delay a 2.3% medical device tax that is part of obama care. due to start january 1st. but you know what, may i with all respect, these guys are hypocrites. they're not supply siders. yes, the tax is a job killer, as they say, but it's only hitting their states. the senators claim the medical device tax kills jobs but why aren't they against all the other job killing obama care taxes or for that matter the fiscal cliff tax hikes that are coming. let's faulk about this. we have igor volsky and guy benson. guy benson, i am glad they have won't up to this lousy medical device tax but did someone say minnesota where, wait, medtronic and st. jude medical are the biggest companies? they're the ones that make the equipment? and senator klobuchar and senator al franken are all of a sudden making a beef because it's in their state? where they been, guy benson, and when did they discover that taxes are job kimmers? >> i thought that wasn't the case at all. you're right. they didn't just wake
and others do not want a deal. neil: worked under harry reid. >> well, no, no, he filibustered -- neil: no mystery leaving the body led by democrats. >> if you're jim demint, you hold fellow republicans accountable. striking a deal. neil: good point. i don't agree with why it's happening, but republicans, by boehner now, taking key committees, and the make you now seems to be repudiating the very folks who got you to be speaker of the house. i don't think it's a good trend. >> we are not envying john boehner's current position at the time. it's a difficult position to be in. neil: i envy his office, huge office, huge desk. i envy it. >> demanding prowess. neil: that's a cheap shot. >> that's why he's losing neil. neil: exactly right. >> always going to win, and obama, to his credit, is more consistent on the issue. neil: i will say this that barack obama has been more consistent on that, you're right. i will say this, republicans lost the election, but i didn't realize they lost their backbone. that's neither here nor there. guys, thank you. the stan ten island resident who stepped in
, that's harry reid. >> you want me to do harry reid again? >> stephanie: what i was saying to john yarmuth. >> i think it will be extremely difficult to get it done before christmas. >> stephanie: they aren't going to have time to work on the programs. they need to get them, as john said the middle class tax cut done. >> nobody should trust democrats to put a dime in new revenue toward real deficit reduction. or to stop their shakedown of the taxpayers. >> of the taxpayers. >> speaking of mitch mclipless, did you see what dubious honor he won yesterday? >> stephanie: yes i'm getting to that! nobody help me! i've got this. >> just trying to produce here. >> stephanie: don't overproduce me! [ laughter ] >> stephanie: mitch mcconnell received the dubious honor of being named america's most unpopular senator! isn't that something. [ applause ] according to nau poll, 55% disapproval rating in kentucky. 37% approval rating. kentucky democratic voters express their disa desire to see ashley judd run in the p
a letter to the majority leader harry reid saying we shouldn't have a negotiation of a treaty during a lame duck session of congress. i disagree with our move here. you had a treaty that was negotiated by my former boss, george w. bush. you had robert dole out there. i think the republicans are upset about diming but again disabilities. most of the major countries around the world have signed this. it should have been done. >> goldie, you in your very being would embody some problems that the republican party has. you're an intelligent woman of color. >> sure. >> what does the republican party have to do to make people like you feel it has something to say to to you? >> you know, i live in the american south and that's ground zero for this modern day gop. what i hear on the ground and i have worked both sides of the aisle. i have been open about that, people know it. >> sure. >> i think there is a policy issue, a set of policy issues, but there's also to a greater extent a messaging issue, and then, you know, in terms of just sheer infrastructure, obama for america put together a technologi
're down. i think what happened, the senate majority leader harry reid came out with a couple of comments. he said any program, any deal that's out there must include a stimulus component -- really? a stimulus component? he said rates have to increase to 39.6% as part of any deal. the dow drifted lower on that because people were arguing you should have a 37% as a compromise on the tax rates. >> mr. geithner yesterday when speaking exclusively to steve leisman seemed to really avoid that 39% number. that encouraged a lot of people thinking that perhaps that is a flexible number. >> let's hope it is. but the senate majority leader says -- specifically said 39.6. i think that's specifically the reason we took a little bit of a dive a while ago. either side are positive or negative. but i want to note, tech stocks are doing a little bit better overall. the s&p tech index has been doing a little bit better recently, particularly hardware names. you look at some of the big names in the computer space here. take a look at lexmark, dell, seagate, western digital. storage names are up. you were m
to the underlying details, progress is maddeningly slow. president obama telephoned senate majority leader harry reid monday while rob nabors huddled for a second day in a row aide to speaker john boehner. no discernible progress toward breaking the fiscal cliff stalemate. mr. obama left that drama behind and told supporters in suburban detroit the fiscal cliff is serious business. >> if congress doesn't act soon, meaning in the next few weeks, starting on january 1st, everybody's going to see their income taxes go up. >> reporter: boehner and house republicans want to preserve all the bush era tax rates due to expire at year's end, shielding everyone from a tax increase. mr. obama wants to raise them for households earning more than $250,000 a year. he has so far resisted gop demands for spending cuts to health care or education. >> i'm not going to have a situation where the wealthiest among us, including folks like me, get to keep all our tax breaks and then we're asking students to pay higher student loans. >> reporter: even so, democrats worry mr. obama might cave to republicans, their bigg
came to los angeles mayor. nevada senator harry reid and others on the other using the fiscal cliff talks to push through an online gambling bill. but to want language for online gambling while eliminating others. they have long wanted federal system for online poker anyway. and have you seen this? the california federation of teachers created tax the rich. it shows a wealthy person urinating on lower income americans. the rich collect wealth through tax loopholes and tax evasion. nice stuff. that is your "west coast minute." a quarter until it's never 50 minutes, you're watching oxford industries. nicole: very interesting. this is under the oxford umbrella, but they gave an outlook it is somewhat below the expectations for this is why the stock is down nearly 10% today. that is a really big move for oxford industries. third-quarter earnings climbed 85% but again so much of it is about the guidance. look at the major market averages. the nasdaq composite improving throughout the day today, down just one quarter of 1% now while the dow has exploded to the upside. back to you. dennis:
. 2012] >> more meetings on the fiscal cliff and the economy, with senate majority leader harry reid and house speaker john boehner. >> on washington journal, the latest developments in the fiscal quick negotiations. after that, political looks at the estate tax, which is set to go up at the end of the year unless congress and the white house fact. live wednesday at 7:00 a.m. eastern, on c-span. >> wednesday, politico hosts a discussion with bob woodward, author of "the price of politics," and marco rubio. mike allen moderates the discussion. see that live at 10:00 a.m. eastern on c-span 3. house democrats filed a discharge petition to force a house vote to extend the bush era tax cuts for middle-class families. the bill has already passed in the senate. next, we hear from nancy pelosi. the course of the election the president made it very clear that he was courting the extension of the middle class tax cut and that everyone, 100% of the american people, would benefit from it. 100% of taxpayers, small businesses, wage earners, and the rest. the republicans are saying that rather than
the programs on the table as harry reid said some time ago. my criticism is not that the president is not willing to compromise. i think the president is willing to compromise. my point today is i do not want us to continue to see this as left-right. we need to see this as we the people holding these officials accountable to reach a compromise because there is too much debt is at stake. you should be incensed that congress recessed early yesterday to go home in the middle of this crisis. that to me is an outrage. what does that say how seriously they take in this cliff will face on december 31? it will have an enormous impact. we should hold the members of congress -- we should do our homework and become educated so we can bring about the accountability that seems to be missing from this debate. host: this is drake on twitter. this is big guns. host: and h. robert asks -- host: back to the column by karl rove in while "the wall street journal." guest: speaker boehner is a very decent guy. he believes in compromise. he is reasonable. we tried to make republicans into a character as
cuts in entitlement programs. it's not clear democrats would be on board. senator harry reid in the senate has said social security should not be part of this. so has nancy pelosi, the democratic leader in the house. host: does the cola change depending on where you live in the country? guest: it is across the board for everyone. it is a percentage. it depends on how big your benefits are every year. you cited average numbers of about $1,200 a month for a retired worker. a lot of people get more and some get less. the dollar amount for your increase would change depending on that, but the percentage increase is the same a matter where you live in the country. host: we are talking about social security and how would factors into the so called "fiscal cliff." if you would like to join the conversation, here are the numbers to call -- we will get to the calls in a moment. we will hear what they think about social security being on the table. do you get the sense we will talk about this a lot in the next couple weeks or will this discussion, a lot more next year? guest: it's not
're going to pass tax cuts for everybody under $250,000. so it's going to happen. >> i hope you and harry reid enjoy that vote because you're not going to get it in the house. >> you keep talking about -- >> wait, wait, wait. >> what vote are we not going to get in the house? >> you keep talking about the majority of the majority, which -- but that's not necessarily what has to happen this time around. it can be a minority plus the democrats. >> do you think that john boehner is going to go out and cobble together a minority of the republicans and the democrats? >> he thinks it's in his self-interest he will. >> but, cokie, if he does a dael with a smaller part of his group, he's not speaker anymore. >> speakers have done that for generatio generations. it was abhorrent. that was the oddity and to put together different coalitions on different issues is normal. >> i guess there's a chance he would lose his speakership. his speakership or the country. it's not a vote we have to get in the house is what i'm saying, joe, the a.m. tern tiff. we come back and say we want to cut taxes. do those
people embraced. unfortunately harry reid didn't embrace it and tabled it in the united states senate and then we moved on from there. i argue it was a highlight. we needed to cap spending. we needed to cut spending in the first year. cap it. start the process that everybody else has to function in, a balanced budget requirement added to the constitution. it would help address our fiscal concerns but more importantly be one of those that would help us get to economic growth. i'll be -- the one thing we need. george will spoke to a group of us. he had a great line. r.s.c. meeting. steve and i were there. when you have 1% growth it feels 1% economic growth it feels like a zero sum game. when you have 5% growth it's boundless opportunity. and that's what we got to get back to this message of what can we do to give opportunity to american families, to american young people, to americans in general. and cut, cap and balance was part of it. getting back to the kind of policies to promote economic growth. and that optimism and that specialness that reagan talked about that is i think where w
Search Results 0 to 25 of about 26 (some duplicates have been removed)